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IVE Group Limited (ASX:IGL)

ALERT: Price-sensitive ASX Announcement for IGL
Current share price for IGL : $2.770 -0.02 (-0.72%)+
Announcement
Release
3 Nov 2025 9:58AM
Price at Release
$2.790
Full Release
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Summary
IVE Group Limited has announced a significant expansion involving a long-term marketing services supply agreement with Domino’s Pizza Enterprises (DPE) and the acquisition of two businesses, Impressu Print Group and Budget Mail Services (BMS). The agreement with Domino's extends over six years with an option to renew for two more, potentially generating over $80 million in revenue. Impressu, a Brisbane-based print business formerly owned by DPE, is expected to contribute $30 million in annual revenue. The acquisition of Impressu and BMS, which has a $5 million revenue base, is intended to enhance IVE’s service capabilities and broaden its national reach, aligning with the company's strategic growth objectives. The acquisitions are valued at $13.5 million and $1 million respectively, with integration plans in place to ensure smooth transitions.
Key Points
  • IVE Group signs long-term marketing services agreement with Domino's.
  • Acquisition of Impressu Print Group expected to contribute $30 million in revenue.
  • Acquisition of Budget Mail Services for $1 million.
  • The agreement with DPE extends for six years with an option for two more.
  • The acquisitions aim to enhance service capabilities and expand national reach.
  • The move aligns with IVE’s strategy for growth and operational footprint expansion.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.